U.S. Bank Offering Upgrades To Its New Smartly Card

Updated: April 16, 2025, 2:20pm CDT

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U.S. Bank Offering Upgrades to Smartly Card
Final Thoughts

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Credit card issuers frequently present cardholders with the chance to upgrade from one card to another, usually featuring improved benefits or rewards.

U.S. Bank seems to be offering certain cardholders a chance to upgrade to the U.S. Bank Smartly™ Visa Signature^® Card, which provides up to 4% cash-back on up to $10,000 in purchases each billing cycle, and comes with no annual fee, all without a hard pull on their credit report.

Let’s take a look at the details of this offer.

U.S. Bank Offering Upgrades to Smartly Card

U.S. Bank seems to be targeting select cardholders for an opportunity to upgrade to the U.S. Bank Smartly card, the latest addition to U.S. Bank’s credit card offerings after it launched in November 2024.

bank smartly card art — The U.S. Bank Smartly card. Image Credit: U.S. Bank

Launched just a few months ago, the U.S. Bank Smartly card provides an appealing up to 4% cash-back on purchases (on up to $10,000 each billing cycle, then 2% until the next). However, to qualify for this elevated rate, you must have $100,000 or more in assets with U.S. Bank in select checking accounts.

Earlier today, Upgraded Points Compliance Associate Kathryn Schroeder received an upgrade offer when logging into her account to access her U.S. Bank Cash+^® Visa Signature^® Card.

congrats U.S. bank offer upgrade — Image Credit: U.S. Bank

Once she clicked on “View upgrade offer,” she was able to see a side-by-side comparison of her card and the U.S. Bank Smartly card to compare the earning rates and benefits.

U.S. Bank Compare Cards — Image Credit: U.S. Bank

Then, when she clicked on the U.S. Bank Smartly card, she saw the bonus earning rates and a few features of the card, plus verbiage stating that there would be no hard pull on her credit for the product change, no APR or credit limit change, and no annual fee to make the upgrade.

U.S. Bank Smartly Upgrade — Image Credit: U.S. Bank

If you’re interested in exploring the possibility of upgrading to the U.S. Bank Smartly card, you should log in to your U.S. Bank account and navigate through the links for credit card upgrade offers.

By qualifying for an upgrade to the U.S. Bank Smartly card, you could potentially earn twice as much as most other 2% cash-back cards (up to the billing cycle cap), but the catch is that you’d have to have $100,000 or more in assets with U.S. Bank, so this upgrade may or may not be appealing to you.

Hot Tip:

U.S. Bank offers credit cards that earn points as rewards, which may then be redeemed for cash-back if you so choose. The U.S. Bank Smartly card is strictly a cash-back card, so you won’t want to upgrade to it if you prefer to earn travel rewards.

Final Thoughts

U.S. Bank appears to be offering select cardholders the chance to upgrade to the U.S. Bank Smartly card. This card offers a generous up to 4% cash-back on purchases, on up to $10,000 each billing cycle, and comes with no annual fee; however, to benefit from this earning rate, you must maintain a minimum of $100,000 in assets with U.S. Bank.

If you are considering an upgrade and can deposit a significant amount of cash into qualifying U.S. Bank checking accounts, check your user portal to explore available upgrade offers.